Wednesday, April 6, 2011

Technical Analysis Apr 2011: KULIM (2003)



KULIM (MALAYSIA) BERHAD

Observation From Chart:

KULIM is now forming Bolinger Band Squeeze.

It current resistant is around RM3.97 & strong support level should be MA100 which is around RM3.27

Most analysts will take a position once the price breaks up the bolinger band with increased volume.

However, if break down the bolinger band, next support would be RM2.83

Let watch closely for entry opportunity.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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